Word of the Day | Binance

I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business on the exchange but also fun the traditional way.

Out of many things that they have introduced, including games, here is the one that I like the most – Binance Word of the Day. The idea is to guess the word for a given day. The word can be guessed from the Theme of the week. The theme and the write-up are shared and available for the entire week.

Sounds interesting?

Keen to get to the Word of the Day? Yes? Then scroll down straight to the answer.

Good luck! 😊

How Does It Work?

It’s simple. It follows the more renowned Word of the Day or WORDLE introduced a few years back by New York Times. It has the same style and works the same way. The only thing is you have to figure out a word that is leaning towards crypto and based on the Theme of the week.

For those who don’t know what WORDLE is, it is a word-identifying game where you get six chances to guess the correct word of the day. Each time you guess the word, the game helps you by coloring the alphabets of the word. If the alphabet is grey, then that alphabet is not part of the final word. If it is orange, then that alphabet is part of the word but not in the right spot. If it is green, then that alphabet is part of the word and in the right spot.

The same logic is for Binance’s word of the day. The only difference is that Binance's word of the day could be five letters, six, seven, or eight letters long.

Now, let’s look at the solution for the day.

Binance Word of the Day | 17th October 2024

***Answer:*** EMPOWER

#Binance
#BinanceWordOfTheDay
#BinanceWODL

**Disclaimer:** Does this look like financial advice? You are right. It isn’t. Treat it so.

“Do Your Own Research” (DYOR) is not a fad but an important element of the cryptoverse. Do keep that in mind.

$HMSTR | What’s With the Obsession?

I keep noticing that there are endless articles about HMSTR. HMSTR this, HMSTR that, HMSTR is HMSTR, HMSTR will become HMSTR+1, Hold (oh yeah, HODL) on to your HMSTR, don’t sell HMSTR, sell HMSTR, dance around HMSTR, analysis of HMSTR, death of HMSTR, paralysis of HMSTR, will HMSTR move up today, HMSTR is my mother-in-law, HMSTR is low, HMSTR is high….. and so on and on and on.

Why? Because you get more views on the HMSTR articles. That’s all.

Can We Make Binance More Interesting?

I know it is too much to ask. I started posting here on Binance with HMSTR because that is what I was doing back then – three weeks ago. But three weeks later, writers are still talking about HMSTR like it is some life-saving token. You could have done far better owning or trading – BTC, ETH, BCH, or even our humble BNB in the same period. Why no one is writing about that? Because not much of views from it. Correct? Yes, indeed.

I have tried to write interesting articles and I am happy with the followers I am getting. But the problem begins when I invite new writers. They keep saying that Binance Square has more articles on HMSTR than any other place in the virtual world (Well, I exaggerated. But you get the point, right?). Time to write about something else then? 

I am going to write something more, something interesting. I can only ask all other writers to follow suit as well. You are free to do whatever you want, but let’s attempt to make things interesting!

That’s all!

Image Courtesy: Ijmaki on Pixabay(dot)com

#HMSTRonBinance
#BinanceInteresting

Word of the Day | Binance
I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business on the exchange but also fun the traditional way.
Out of many things that they have introduced, including games, here is the one that I like the most – Binance Word of the Day. The idea is to guess the word for a given day. The word can be guessed from the Theme of the week. The theme and the write-up are shared and available for the entire week.
Sounds interesting?

Keen to get to the Word of the Day? Yes? Then scroll down straight to the answer.
Good luck! 😊

How Does It Work?

It’s simple. It follows the more renowned Word of the Day or WORDLE introduced a few years back by New York Times. It has the same style and works the same way. The only thing is you have to figure out a word that is leaning towards crypto and based on the Theme of the week.

For those who don’t know what WORDLE is, it is a word-identifying game where you get six chances to guess the correct word of the day. Each time you guess the word, the game helps you by coloring the alphabets of the word. If the alphabet is grey, then that alphabet is not part of the final word. If it is orange, then that alphabet is part of the word but not in the right spot. If it is green, then that alphabet is part of the word and in the right spot.

The same logic is for Binance’s word of the day. The only difference is that Binance's word of the day could be five letters, six, seven, or eight letters long.

Now, let’s look at the solution for the day.

Binance Word of the Day | 15th October 2024

***Answer:*** AUDIENCE

#Binance
#BinanceWordOfTheDay
#BinanceWODL

Word of the Day | Binance
I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business on the exchange but also fun the traditional way.
Out of many things that they have introduced, including games, here is the one that I like the most — Binance Word of the Day. The idea is to guess the word for a given day. The word can be guessed from the Theme of the week. The theme and the write-up are shared and available for the entire week.
Sounds interesting?

Keen to get to the Word of the Day? Yes? Then scroll down straight to the answer.
Good luck! 😊

How Does It Work?
It’s simple. It follows the more renowned Word of the Day or WORDLE introduced a few years back by New York Times. It has the same style and works the same way. The only thing is you have to figure out a word that is leaning towards crypto and based on the Theme of the week.
For those who don’t know what WORDLE is, it is a word-identifying game where you get six chances to guess the correct word of the day. Each time you guess the word, the game helps you by coloring the alphabets of the word. If the alphabet is grey, then that alphabet is not part of the final word. If it is orange, then that alphabet is part of the word but not in the right spot. If it is green, then that alphabet is part of the word and in the right spot.
The same logic is for Binance’s word of the day. The only difference is that Binance’s word of the day could be five letters, six, seven, or eight letters long.
Now, let’s look at the solution for the day.

Binance Word of the Day | 13th October 2024
***Answer:*** DATA

#Binance #binancewordofthedayanswer #BinanceWordOfTheDay #BinanceWOTD

How About Some Crypto Art? | Or Should We Say NFT Art?
I took Radiated Scorcher for today’s art and pixelation. Let’s see how I arrived at the final output. I stayed consistent with my theme of part-real and part-pixelated images. That’s what we will see in this post, too.
From now on I am trying two themes, the pixelation and the metal-laden look. You will see what I mean. Take a look.
Here is how the final one came out.

This is the real-cum-pixelated art.

And this is the real-cum-metal-laden look.

How did I arrive at this? It took me some time, and here is how I went about it.

Let’s see how.

Starting Up
The original picture, as I had.

Then, I added the pixelation to the entire image.

I also tried the metal-laden look.

Then I went on for the final touches.

Thereafter, It Was About Bringing Everything Together
A closer fine tune and image readjusting is what happened next. Here is what it looked like:
The real-cum-pixelated image:

And the real-cum-metal-laden image:

I wonder if the art is better! Which one is it for you? The real-cum-pixelated or real-cum-brick-laden? Let me know.
I hope you enjoyed the art journey with me.
Now, how about we spend a minute to get to know Splinterlands? Let’s do it.

A Word On The Game and Picture | What Game is Splinterlands?
Splinterlands is a digital card game that allows you to collect, trade, battle, rent, and even earn from the cards. ***The game gives Play to Earn a whole different meaning.*** By now, you would know that the governance token (SPS) airdrop made millionaires out of the early adopters. It still keeps giving and remains a fun and engaging game.

To give you an idea of how lucky you can get in Splinterlands, read my story of getting cards worth $500 from buying only a few packs worth $20.
Got Cards Worth $500 from $20 Packs
And this is just a tiny number. I have witnessed people getting uber-expensive cards in their pack and selling them for as high as $6500. In fact, there is a whole Splinterlands marketplace on the Hive blockchain and now on Wax too. Not to mention the Rebellion packs are on sale as we speak.
Any reason not to try it out? To join, scroll down quickly. 😊

Image Courtesy: Splinterlands Resources and My Own

Disclaimer: Does this look like financial advice? You are right. It isn’t. Treat it so.
“Do Your Own Research” (DYOR) is not a fad but an important element of the cryptoverse. Do keep that in mind.

India, Crypto, and the G20 Presidency
India was the first country in the G20 to call for regulation of the crypto economy, during its G20 Presidency. The idea was to bring together the top 20 economies of the world on the same page regarding regulation. That move augured well for the crypto enthusiasts in India as it was seen as the government leaning towards and accepting crypto as one of the realities of the economy.

While India did ban crypto in 2018 until it was overturned by the Supreme Court of India in 2020, there were no such steps taken thereafter. The closest India came to a ban was when International exchanges like Binance, KuCoin, and seven others were banned from operating in India unless they registered with the Financial Intelligence Unit (FIU). 
So, what is the state of crypto now?

Crypto in India | 2024 | And Forward
Nearly a year after the completion of India’s G20 Presidency, India seems to be committed to crypto regulations. The banning of the International Crypto Exchanges was seen as a step towards regulating crypto operations. Since the ban, Binance, KuCoin, and four other exchanges have already registered with India’s Financial Intelligence Unit (FIU) and started operations in India. The others will follow suit as well.
Not only is India committed to regulating crypto for its citizens, but it stays committed to the larger framework of crypto regulations across countries. To jog our memory, it was India during its G20 Presidency that worked with the International Monetary Fund (IMF) – Financial Stability Board (IMF-FSB) to present a framework for crypto regulations across borders. This paper is still evolving and most of the framework was to be finalized by 2025. Thereafter, it is like a plug-and-play. Interested countries could join in and bring themselves under the global crypto regulatory environment.
So, all’s rosy then?

Rosy and Cozy for Crypto? | Yes, but Not As Much
At least, the worry that crypto could be banned in India is a thing of the past. Now, the discussions revolve around regulation, taxation, lowering taxes, allowing more participants to join the crypto economy, and the like. Therefore, as a crypto player, it is indeed a heartening site.
Also, the regulatory framework gives a sense of confidence to crypto users. After all, it was just a couple of months ago that WazirX, one of India’s crypto exchanges was hacked and set back by roughly $240 million. WazirX is yet to open operations. That’s what could go wrong and this is why we need regulation in the crypto economy.
While users may be unhappy momentarily because of the taxes and also the regulatory framework they have to adhere to, over the longer term, this will only benefit them. So, all is good. And will remain good.
Rosy and cozy, therefore? Just about there! 😊

Image Courtesy: Reverse Speed from Splinterlands

#BinanceSquareFamily
#BinanceInIndia
#india_crypto

Disclaimer: Does this look like financial advice? You are right. It isn’t. Treat it so.

“Do Your Own Research” (DYOR) is not a fad but an important element of the cryptoverse. Do keep that in mind.

Top 10 Economies of the World
The crypto market capitalization has topped 2 trillion dollars and the uptrend will continue in the foreseeable future. True, there will be periodic drops as in any market, but it eventually will keep getting bigger. One of the drivers of the crypto economy, in the initial days at least, is the participation of the major economies. It is a simple 80/20 principle - twenty percent of countries’ participation will lead to the adoption of crypto across eighty percent of the world population.

Talking of the twenty percent let’s first look at the top 10 economies of the world.

These are also the countries that led crypto adoption initially but now are at different stages of acceptance, ban, or regulation. Let’s take a look at the same.

The Top 10 Economies | And Their Tryst with The Cryptoverse
These ten economies are the ones that had initial participation in the crypto verse and then regulation came in or a total ban followed. Let’s look at the snapshot of how they fare in the cryptoverse.

While there is no direct correlation between the GDP per capita and the crypto decisions, it is just an indicator of how much money could come into the crypto economy. That said, the more important points are the decisions of individual countries to regulate or ban crypto and yet be part of a grouping (between countries) to support or operate in a crypto-based economy. While this may sound baffling, the grouping comes through to meet a common agenda.  Either way, irrespective of the agenda, cryptoverse stands to benefit.

Is Crypto Here to Stay?
The answer to this question is not a straightforward one despite the trend confirming the same. There are many more indicators like Central Bank Digital Currency (CBDC) that many countries are launching. Before 2020 it was not even a thing and yet it surely has its genesis in the virtual or digital currencies of the crypto-verse. The idea of the blockchain cannot be ignored and some of the cryptocurrencies, if not many, need to be looked at closely by many countries.

Is crypto here to stay? Maybe. 😊

Image Courtesy: Ijmaki at Pixabay

HMSTR The Life-Changing Token
We know that is false now. When Hamster Kombat disclosed that $HMSTR ‘s total supply would be 100 billion dollars, that itself should have been a precursor to what could be expected. For HMSTR to be $1 it would take the market cap to $100 billion making it the third coin in the overall coin/token list. That’s behind Bitcoin and Ethereum. Was that possible?
Now, “market-cap non-believing puritans” may argue that market does not determine price. Yet they would have tough time explaining what happened with HMSTR even in the first second after launch. Let’s keep that discussion for some other day. But what now?
What do you do?

Now That You Are Here | Invest | Don’t Dump and Run
Within hours of launch, HMSTR price dropped from roughly $0.011 to $0.009. Obviously, people dumped so that they could take whatever profits they could. And the ones noticing the price fall did not want to lose some precious dollars and sold too. The cycle continued.
Anyway, HMSTR has just arrived in the market, give it some time. Most of us earned it by playing, right? So, play some more. Binance has a seven-day high APR returns on your staked HMSTR. Go take advantage of that. Why not?

Will HMSTR Make Me A Millionaire?
Heck, no.
It is one of many projects that I am dealing with and you’ve got to admit that since NOT coin, the tap-to-earn segment has been buzzing. It is one interesting area to keep a close look. This is one new token out there and there would be many more. Make the most of what you could.
Keep staking, keep trading, keep earning and most of all, keep enjoying! 😊

Image Courtesy: Hamster Kombat

#HMSTRonBinance #BinanceLaunchpoolHMSTR